Aaaand they're gone? Today's Bitcoin liquidations total less than $5 million.
After losing $28,000 the day prior, weekend trading offered little by way of its usual volatility as traders hoped for a break before resumption of TradFi markets.in part of Twitter commentary.Daan Crypto Trades referred to the closing price of CME Group Bitcoin futures markets, a level which could become significant in the event that volatility up or down appears before the start of the new week.
This would have the effect of producing a “gap” in futures market open and close prices, creating a potential target for spot BTC.An additional post delineated areas of order book liquidity, which could also act as support and resistance flip levels.charts can look messy but it can be useful to mark out the potential liquidity area's where stop losses may be positioned.We saw that on the way down already.
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